Top Import Trading Partners of Ethiopia - Volza

Ethiopia's primary import trading partners in 2023 include China (25% of imports, $3 billion), India (15%, $1.8 billion), the United States (10%, $1.2 billion), Saudi Arabia (8%, $960 million), and Turkey (7%, $840 million).

Key imports from these countries are machinery, electronics, vehicles, chemicals, and foodstuffs. Trade agreements such as the African Continental Free Trade Area (AfCFTA) and bilateral agreements with China and India facilitate smoother trade flows.

Ethiopia's economic indicators include a GDP growth rate of 6.1% and an inflation rate of 20%, which impact its import dynamics and trade policies. Strategic tariffs, government incentives, and logistical advantages, including its strategic location in the Horn of Africa and improved infrastructure, support a balanced trade relationship, making Ethiopia a critical import market for these partners. The country's focus on industrialization and infrastructure development significantly influences its import landscape.